13 October 2015 | 10 replies
You have to cut expenses or make more money or both-I would spend one evening a week at a REIA meeting-I will get your spouse on board and make sure she backs you emotionally-I would set up an LLC and finding an attorney-look at starting a solo 401(k) when you quit your business, investigate it now, @Dmitriy Fomichenko sets up solo 401(k)s-many people spend everything they make and don't save anything, start saving-if you have an IRA, look at setting up a self-directed IRA through trustetc.com-I look for problems, such as expired listings, mostly no equity pretty houses, search "Brian Gibbons creative financing"Best of luck to you

16 October 2015 | 10 replies
@K. marie P. posted this on a different thread and it helps with this discussion:"The lender does not have to "work" with you of you are not the borrower and do not have an authorization to release.

14 October 2015 | 3 replies
All in for under 300 k would be nice.

14 October 2015 | 3 replies
The tenant was in my unit for 7 months and it cost about 10 k to finally evict.

13 October 2015 | 3 replies
After that though, I could just pool a couple hundred k while I wait and if there is a downturn, I'll buy in again with even more.

11 March 2015 | 12 replies
The short term goal is to stop renting, put my money towards something that pays me vs the other way around and to get my feet wet in REI.BPSo far I've listened to a couple of podcasts, 1 of an interview with Mehran K, who buys multi-families out of state and another by a fella (sorry can't remember his name) who bought his first multi-family live-in in the Boston area.

14 March 2015 | 9 replies
I have always been ambitious and disciplined when it comes to my finances but other than my work sponsored 401(k) I have no other real investments.

25 April 2016 | 27 replies
My name is Kyrin (sounds like siren with a k) Veritas.